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in michigan would lose. that number is over $46 million a year in dues. michigan, just one state. nationwide, we're not talking about public employee unions yet. let's do so, nationwide government employee unions collect, are you ready for this number? that is taxpayer money, going in the form of wages to the government class, if you will, public employees receiving and paying $14 billion in dues alone. that is what is at stake here. this is not just about money, it is not just about politics, it is about both. the right to power sought by organized labor. where does that money go? i have to tell you it goes straight to the president's party, the democratic party, during this election cycle, public system or unions and their afilliated packs gave of their millions and millions of dollars to the democrats, the demes received from those unions, think about this one. 93% went to the democratic party. 93%. notopoly that, unions made up a large part of the democratic ground both o operation on all , local, state
in michigan would lose. that number is over $46 million a year in dues. michigan, just one state. nationwide, we're not talking about public employee unions yet. let's do so, nationwide government employee unions collect, are you ready for this number? that is taxpayer money, going in the form of wages to the government class, if you will, public employees receiving and paying $14 billion in dues alone. that is what is at stake here. this is not just about money, it is not just about politics,...
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Dec 12, 2012
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we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monmental night because it's a monumental win for michigan's workers. we kept the focus on the workers, their freedom to choose which organizions to join and what they don't want to join. we know there were clashes. know people demonstrated inappropriately, but good stories as well. clnup happening on the lawn by the demonstrators, but the point is throughout it all, we haveto keep focus on people going to work every day to literally build our state. tracy: right, because now it's easier to woo companies into michigan to bring obs; right? the states like south carolina, alabama, texas, have seen a boom in companies coming to work there because, well, it's easier, and it's cheaper african-american they don't have to -- and they don't ha to deal with the unions. >> two policy conversations that happened, and then there was the political. the democrats and union bosses focused on the political,
we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monmental night because it's a monumental win for michigan's workers. we kept the focus on the workers, their freedom to choose which organizions to join and what they don't want to join. we know there were clashes. know people demonstrated inappropriately, but good stories as well. clnup happening on the lawn by the demonstrators,...
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Dec 11, 2012
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the president flew to michigan where helasted the republican-led state legislature and the republican governor fo their support of righto-work legislation. his timing could hardly have been worse that worker rights leglation will be voted on and gen final approval tomorrow and be sgned into law by govern rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues a a condition of their employment. we'll be examining tonight what's happening inichigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayer blind." llory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egan military to arrest people in the street even as he claimed to have rescinded the ctatorial powers he assumed which have spurre violent demonstrations. and a new intelligence report concludes that america's time as the lone perpower is nearing an end. former director of national intelligence jo negro panty joins us to talk about our future as a superp
the president flew to michigan where helasted the republican-led state legislature and the republican governor fo their support of righto-work legislation. his timing could hardly have been worse that worker rights leglation will be voted on and gen final approval tomorrow and be sgned into law by govern rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues a a condition of their employment. we'll be examining tonight...
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we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't
we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that...
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Dec 10, 2012
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a big union fight in michigan. michigan the home of the powerful auto unions could become a right to work state. the governor is expected to sign a new law tomorrow, right to work, michigan, 24th state. unions have been protesting and bigger demonstrations are planned. listen to this: stuart: got pretty noisy. all right, all rise, judge andrew napolitano is here. judge, welcome back. >> thank you, stuart. stuart: now i think -- if a state becomes right to work, essentially that means that a union may not force its members to contribute dues. union membership becomes voluntary. am i right? >> well i would state it slightly differently, but we end up at the same point. in a right to work state, the state does not force people to join unions. stuart: okay. >> in a nonright to work state, it is a law that you join or contribute to the unions. so if you choose not to join, your employer is required to deduct from your salary the dues for the union and remit it to the union, whether you physically join, sign up the paper
a big union fight in michigan. michigan the home of the powerful auto unions could become a right to work state. the governor is expected to sign a new law tomorrow, right to work, michigan, 24th state. unions have been protesting and bigger demonstrations are planned. listen to this: stuart: got pretty noisy. all right, all rise, judge andrew napolitano is here. judge, welcome back. >> thank you, stuart. stuart: now i think -- if a state becomes right to work, essentially that means that...
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Dec 15, 2012
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especially michigan. lou: insurance exchanges states are deciding whether to create insurance for themselves or -- i don't know whether to call them architects are what obamacare -- these insurance exchanges are not happening. eighteen states plus washington dc are the only ones who have declared that he they will set their own exchanges under obamacare. by my math, that leaves 25. we are going to leave it up to the government. that is remarkable. >> i was proud to be part of a 26 a coalition that led the fight against this health care lawsuit to this report. we were able to carve out the ability for states to opt out. i am proud of governor nikki haley for deciding to opt out of this. this huge fiscal cliff is going to create for south carolina as far as obamacare is concerned that. lou: for millions of americans, many of whom have thanks in part to the national liberal media, millions of americans don't even know that they are have about $260 worth of obamacare taxes beginning january 1, on everything f
especially michigan. lou: insurance exchanges states are deciding whether to create insurance for themselves or -- i don't know whether to call them architects are what obamacare -- these insurance exchanges are not happening. eighteen states plus washington dc are the only ones who have declared that he they will set their own exchanges under obamacare. by my math, that leaves 25. we are going to leave it up to the government. that is remarkable. >> i was proud to be part of a 26 a...
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Dec 10, 2012
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we're joined by michigan senator rick jones. thanks for joining me, senator, do yoo think if they dot latest layoffs will it satisfy the milestones the city needs in order to get more state aid? >> it is gooddstart and but not enough. we have a city council totally dysfunctional. recently mayor bing asked them to come in, they said we're on holiday. it is unbelievable. melissa: you said they think they deserve a bailout. what makes you think that they feel? >> detroit city councill3 woman came on national tv and said, president obama, we all voted for you. it is time to bring the bacon. bail us out. that's outrage just. that folks think they can just spend money like no tomorrow and expect anybody else to bail them out. my constituents from mid michigan are saying no bailout. they need to fix the city theirselves. melissa: this is something going on all across the country. it is why we take so much interest in this. we've seen counties or cities at least going bankrupt elsewhere around the country. you see whole states. i worry
we're joined by michigan senator rick jones. thanks for joining me, senator, do yoo think if they dot latest layoffs will it satisfy the milestones the city needs in order to get more state aid? >> it is gooddstart and but not enough. we have a city council totally dysfunctional. recently mayor bing asked them to come in, they said we're on holiday. it is unbelievable. melissa: you said they think they deserve a bailout. what makes you think that they feel? >> detroit city councill3...
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. >> what can we do in 10,000 years, look how far we went in 70 years, my grand father in a farm in michigan, watched first guy walk on the room. in her lifetime, i would like to see next generation leave footprints like we left on the moon, i hope it happens. at's th! now we need a little bit more... [ male announcer ] atat humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals ho understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announc ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professional who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and serve we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male an
. >> what can we do in 10,000 years, look how far we went in 70 years, my grand father in a farm in michigan, watched first guy walk on the room. in her lifetime, i would like to see next generation leave footprints like we left on the moon, i hope it happens. at's th! now we need a little bit more... [ male announcer ] atat humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals ho understand the...
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stuart: why is michigan doing this? i am told it is because neighboring indiana became right to work and attracted a whole bunch of jobs and michigan is jealous so they want to fall in line. is that the reasoning? >> right to work has been kicked around in michigan for decades. when indiana went right to work michigan took a look at that and said right to work states have lower unemployment, bigger population growth, bigger wage growth and when you factor in cost of living they have higher wages. we have to do something to compete because our neighbor next door is doing right to work and they attract business and we want those businesses to stay here so indiana going right to work probably played a big part of lawmakers's decision to give workers freedom to choose. stuart: are we dead certain that the governor will sign it in michigan? >> the governor said he would sign it at the beginning of his administration. said it wasn't on his agenda. last week he said was. yesterday at a press conference the senate majority lead
stuart: why is michigan doing this? i am told it is because neighboring indiana became right to work and attracted a whole bunch of jobs and michigan is jealous so they want to fall in line. is that the reasoning? >> right to work has been kicked around in michigan for decades. when indiana went right to work michigan took a look at that and said right to work states have lower unemployment, bigger population growth, bigger wage growth and when you factor in cost of living they have...
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Dec 27, 2012
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ford spending money and creating jobs in michigan. all right, nicole, what's with the stock? >> the stock on the gun owners names being released, an interesting story. let's talk about ford. down about 1/2 of a percent and all americans, everybody is waiting for more jobs and ford is doing their part and they're working and expanding in plants and michigan and looking that they will create about over 2300 jobs,200, 350, new equipment and expansion in southeast michigan. stuart: and it's in michigan, a right to work state. very interesting. nicole, thank you very much. time is money, 30 seconds. here is what else we're watching for you this thursday morning. amazing medical break through could help a lot of people next year. dr. siegle will be here and he'll show it to us. who is the media blaming for the fiscal cliff? you know the answer to that one and so does bret, ale he join us. entitlements keep rolling totally unchecked. young people are picking up the bill, but they he voted for it. we're looking at the biggest winners and losers in the s&p 500. let's start with three
ford spending money and creating jobs in michigan. all right, nicole, what's with the stock? >> the stock on the gun owners names being released, an interesting story. let's talk about ford. down about 1/2 of a percent and all americans, everybody is waiting for more jobs and ford is doing their part and they're working and expanding in plants and michigan and looking that they will create about over 2300 jobs,200, 350, new equipment and expansion in southeast michigan. stuart: and it's...
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Dec 16, 2012
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michigan represents unions. the fact that that state turned.... >> their worry should be about the economy. the economy is lousy. president promised shovel-ready jobs, and guess what, you got solyndra. what is fascinating about this, union leadership still blames republicans and conservatives, fox news when their real problem clearly is the fact that president obama basically with his stimulus package and this economy has sold them out. >> the violent actions are either in the minority or not. you basically all said that they are. therefore, it is the exception. when someone loses a political fight they protest. that is great thing about democracy. throwing into solyndra in there. here is where you are wrong. let me explain. >> this is the sin of obama economics it was supposed to go to shovel-ready jobs and men and women would partake in. it was handed to states so they could keep their pension funds flush and finance things like solyndra. even the president joked about there was no shovel-ready jobs. the labor
michigan represents unions. the fact that that state turned.... >> their worry should be about the economy. the economy is lousy. president promised shovel-ready jobs, and guess what, you got solyndra. what is fascinating about this, union leadership still blames republicans and conservatives, fox news when their real problem clearly is the fact that president obama basically with his stimulus package and this economy has sold them out. >> the violent actions are either in the...
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i dare you to come to michigan. stuart: i have been to michigan. i have seen it. stuart: apparently rise or close. stuart: they were not. blinded by -- [talking over each other] >> please come back. stuart: a pleasure, thanks very much. the judge is here. [talking over each other] judge napolitano: your patience and diligence in attempting to interrogate somebody who didn't want to answer your questions. stuart: what about this right. you heard what the mayor was saying. make your comment. judge napolitano: writes don't come from the constitution. the constitution does make congress shall grant freedom of speech but shall not interfere with freedom of speech. a right comes for marriage humanity. the constitution restrain the government from interfering with our rights. do we have a natural right to associate? we do and that right is protected in the constitution. do we have the right not to associate? we do and that right is protected in the constitution so if people want to form a labor union they are free to do so it has protected and given us aspect of our live
i dare you to come to michigan. stuart: i have been to michigan. i have seen it. stuart: apparently rise or close. stuart: they were not. blinded by -- [talking over each other] >> please come back. stuart: a pleasure, thanks very much. the judge is here. [talking over each other] judge napolitano: your patience and diligence in attempting to interrogate somebody who didn't want to answer your questions. stuart: what about this right. you heard what the mayor was saying. make your...
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targeting as an interesting time passage of right to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >> as the unions work for wages if you're not a member you benefit even though you don't pay the dues. this is about killing the few remaining strong unions that built the middle-class. neil: and what do you think this new benefit with the union does? >> that is how they one negative. they want the privilege to represent every worker they protect the monopoly privilege then say somehow workers that never our store voter wanted union are forced to pay the fee to keep a job. >> should they be held to the standard? has nothing to do with the unions they will discover what of lower nominal increase they see that afforded the pri
targeting as an interesting time passage of right to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >>...
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lou: michigan legislature approve right to work legislation as hundreds showed up in michigan's capital protesting the measure. at least eight protesters arrested when a crowd of several hundred tries to push their way into the locked capitol building. police said it was already filled to capacity. republican gernor rick snyder says he plans to sign the legislation calling it pro-worker. unions sharing a loss ofnion dues and other power attack governor snyderlaiming he's putting the future of the state in the hands of big business. well, president obama adding to the ever-expanding list of titles, the latest coming from the chairman of the white house triball nation's conference. listen. >> the president loves basketball. he has an indian name. he knows what it's like to be poor, and he has not forgotten where he came from, and his theme song is "hail to the chief." [laughter] i think he definitely qualifies as the first american indian president. lou: and so he is declared. you may remember the president has been called the first gay, female, jewish, and asian president; however, witho
lou: michigan legislature approve right to work legislation as hundreds showed up in michigan's capital protesting the measure. at least eight protesters arrested when a crowd of several hundred tries to push their way into the locked capitol building. police said it was already filled to capacity. republican gernor rick snyder says he plans to sign the legislation calling it pro-worker. unions sharing a loss ofnion dues and other power attack governor snyderlaiming he's putting the future of...
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maybe it is more than a coincidence that he will be in michigan. in the meantime, angry liberal michael moore's sounding off on the latest right o work developments in michigan. the filmmaker and a major meltdown on twitter writing he was enraged. he called on people to revolt. if you write, direct, added, shoot, or do sound for me and my next movie you will not work for me unless you belong to the union. but the thing that surprised me there is, i thought you already had to be a union member to work on his movies. he may be hearing from a few unions themselves. george zimmerman, the man accused of killing a florida teenager martin is suing abc news coming the network tried to portray him as a racist in order to boost ratings. zimmerman took issue with other network edited his 911 call on the night of the shooting in february. this is what the network aired. >> this guy looks like he is up to no good. he looks black. lou: wow. that's remarkable editing because this is wht he actually said to the 911 operator. >> this guy looks like he is up to no g
maybe it is more than a coincidence that he will be in michigan. in the meantime, angry liberal michael moore's sounding off on the latest right o work developments in michigan. the filmmaker and a major meltdown on twitter writing he was enraged. he called on people to revolt. if you write, direct, added, shoot, or do sound for me and my next movie you will not work for me unless you belong to the union. but the thing that surprised me there is, i thought you already had to be a union member...
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it is starting to pick up in michigan. we just need a little bit more time in der to get our financial house in order. in order to grow our economy. gerr i have heard that before. we need more time to get our fiscal house in order. woul't it make mor sense? i know that you are probably playing l kinds of different groups. all kis of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix this thing and get it done. >> unfortunately, theycan't unilaterally change them. so the financial emergency manager coming into detroit, setting back a year. we just need to have the political will make these decisions and get it done. we have the political will to get it done. i don't want tsound like a broken record, but it is as simple as that. an emergcy manager can do yme than what we are doing right now with the tools that would be available to them. gerri: what was the first that they think you need to take? >> i don't know
it is starting to pick up in michigan. we just need a little bit more time in der to get our financial house in order. in order to grow our economy. gerr i have heard that before. we need more time to get our fiscal house in order. woul't it make mor sense? i know that you are probably playing l kinds of different groups. all kis of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix...
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Dec 16, 2012
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michigan represents unions. the fact that that state turned.... >> their worry should be about the economy. the economy is lousy. president promised shovel-ready jobs, and guess what, you got solyndra. what is fascinating about this, union leadership still blames republicans and conservatives, fox news when their real problem clearly is the fact that president obama basically with his stimulus package and this economy has sold them out. >> the violent actions are either in the minority or not. you basically all said that they are. therefore, it is the exception. when someone loses a political fight they protest. that is great thing about democracy. throwing into solyndra in there. here is where you are wrong. let me explain. >> this is the sin of obama economics it was supposed to go to shovel-ready jobs and men and women would partake in. it was handed to states so they could keep their pension funds flh and finance things like solyndra. even the president joked about there was no shovel-ready jobs. the labor m
michigan represents unions. the fact that that state turned.... >> their worry should be about the economy. the economy is lousy. president promised shovel-ready jobs, and guess what, you got solyndra. what is fascinating about this, union leadership still blames republicans and conservatives, fox news when their real problem clearly is the fact that president obama basically with his stimulus package and this economy has sold them out. >> the violent actions are either in the...
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melissa: union anger explodes in michigan. the state passes right-to-work law, dealing a huge punch to union power. but they are not going down without aight. the economic fault lines could spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million deal to pitch its products. can she really make you stop drinking coke though? i say pepsi just got hosed. but a top mketing expert is here to disagree with me. even when they say it's not it is always about money melissa: firss, let's look at the day's market headlines of the leave it to congress to suck the air out of a good thing. stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed d
melissa: union anger explodes in michigan. the state passes right-to-work law, dealing a huge punch to union power. but they are not going down without aight. the economic fault lines could spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million...
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jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of wisconsin, and father of mitt romney. the large group of protesters are trying to get into the crowd and see. they have essentially ringed the entrance of the building trying to make their voices heard. they feel very frustrated. they feel this had passed in a lame duck session without the opportunity for there to be more debate about it. that is their feeling. at this point you mentioned a little bit of white you could call it violence. nothing serious at this point, but we want to keep an eye on this because there are lots of folks, pretty hard to believe michigan
jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of...
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michigan, that earth place of unions might be a work to write state as early as tomorrow. when the governor is set to sign a newly passed legislation. not stopping president obama from weighing in. slamming the bill as they give workers the right to work less money. more on this, thank you for being with us. this goes bac back to the tax hy act. states have a right to do this, right? it seems really odd to me the president is getting involved at the state level like this. >> you're absolutely right. one thing that should be noted out this mission becomes the 24th right to work state, over the last decade right-to-work states have seen a net increase of 3.6 million jobs. union states have seen a net decrease of 1 million jobs. this is a good thing, the voters voted for this when they knocked down a proposition on the ballot in 2012 essentially trying to enshrine union rights with the state constitution. that is what they want to do. tracy: as a business while they come to a state that is union? why would i want to deal with those expenses on my balance sheet or my income? >
michigan, that earth place of unions might be a work to write state as early as tomorrow. when the governor is set to sign a newly passed legislation. not stopping president obama from weighing in. slamming the bill as they give workers the right to work less money. more on this, thank you for being with us. this goes bac back to the tax hy act. states have a right to do this, right? it seems really odd to me the president is getting involved at the state level like this. >> you're...
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pro-choice, but not for workers as it follows the festivities in lansing, michigan, where conservative coedians, they got physical with him. i don't want to say violence. i just can't understand the behavior that isn't reported on the whole time he will, broadcast networks. only abc even alluded to violence during a demonstration. >> writes. it was much worse than the other stat as well. they imposed their philosophical ideas of the money to union members pay, and it goes to the political progressives. lou: michael, that is an overstatement. only 93% of the money raised by e public employee unions goes to democrats. that hyperbolic language, michl, i think it is incredible. i don't think most people knew about it until this week. >> remember that the same networks that ignored what happened to stephen crocker, they spent months trying to find beilenson the tea party so they had something to report. i know we have a legitimate use of violence, you have it on video. they refuse to knowledge that it is happening. >> it wasn't just to stephen, it was others who have their livelihood stompe
pro-choice, but not for workers as it follows the festivities in lansing, michigan, where conservative coedians, they got physical with him. i don't want to say violence. i just can't understand the behavior that isn't reported on the whole time he will, broadcast networks. only abc even alluded to violence during a demonstration. >> writes. it was much worse than the other stat as well. they imposed their philosophical ideas of the money to union members pay, and it goes to the political...
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we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is taking away your rights to bargain for better wages and working conditions. david: "trying to take away your rights to bargain" is what what the bill is? >> not at all. it has nothing to do with collective bargaining. i believe in collective bargaining. this is about worker freedom, the union and workers, and this is a situation in which we're giving workers better freedom to choose than not have their dollars go to the union if they don't see value. in fact, i don't view it as anti-union, but the unions to accept up and why they add values to workers when workers see the va
we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn't do, i just got to say this, what...
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connell: well other states now fall after michigan. dagen: the president of stubhub is here to talk all about it. connell: first, let's get to the floor of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is up five days in a row. traders say that the trend continues to the upside. the dollar is lower. back to you. connell: you mentioned bad day. first, the latest from capital hill. they say we are over the fiscal cliff, unless tax rates go up. the sign will come from the fed. we will know in the next 90 minutes. former atlanta fed joins us now. how is the decision connected, do you think, to the fiscal cliff? >> it has to do with balancing risks. they do not want to risk the recovery that we have underway already, even though it is slow. i expect t
connell: well other states now fall after michigan. dagen: the president of stubhub is here to talk all about it. connell: first, let's get to the floor of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is...
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fox on top of unions doubling down and in michigan. their supporters far from correcting them try commending them. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. there will be repercussions. neil: so you think we have another wisconsin on our hands? what have i told you? this is not about right to work. this is looking more and more like right to whack. welcome, everybody. i'm neil cavuto, and whether you're for the michigan governor trying to make his the 24th right to work state right now, consider this, they are not taking it down, and they will be damned if they get wisconsinized right now. you remember scott walker no longer making it mandatory that public workers had to be why unions. he was recalled, but survived, and so did the efforts to dramatically limit collective bargaining in the state. unions are still smarting over that one and what went down in wisconsin. the hell they'll just let it happen again in michigan. it is their method of protests that are stirring
fox on top of unions doubling down and in michigan. their supporters far from correcting them try commending them. >> we're going to pass something that will undo a hundred years of labor relations, and there will be blood. there will be repercussions. neil: so you think we have another wisconsin on our hands? what have i told you? this is not about right to work. this is looking more and more like right to whack. welcome, everybody. i'm neil cavuto, and whether you're for the michigan...
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this is still not done in michigan. tonight, or if i told you that these guys are taking their act on the road? it's going to be a bumpy road. welcome, everybody. i am neil cavuto. unions are vowing that it is a right to work state. they are promising the law for public workers to have the option of joining a union. unions insist this doesn't give the governor a free pass to from the recall election. some are planning that in michigan. do you remember what scott walker winter in wisconsin? unions emboldened by the election, they can rightly say that they helped carry barack obama over the finish line. sometimes violently, right to work is wrong. even though they released video like this. don't think that they are not trying to do the same in other states like new jersey and new york. hold on folks, i really suspect that is the just getting started. they are not seeing this labor crunch. how big and bad business debt? we have rick ungar and dd binky. it really doesn't matter. they could still flex their muscles. what is
this is still not done in michigan. tonight, or if i told you that these guys are taking their act on the road? it's going to be a bumpy road. welcome, everybody. i am neil cavuto. unions are vowing that it is a right to work state. they are promising the law for public workers to have the option of joining a union. unions insist this doesn't give the governor a free pass to from the recall election. some are planning that in michigan. do you remember what scott walker winter in wisconsin?...
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that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never mind this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why not stop? >> why not, because the essence of what we need in the economy is build rebuild, and preserve a stable middle class, after world war ii, strong union, businesses who understood value of a well paid workforce and government policies combined to create middle class in the u.s. was the envy of the world. neil: i agr
that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never mind this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they...
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. >> brenda: well, jonas, didn't michigan, didn't detroit already get a bailout. >> yes, it was called the auto bailout. and before the election, unformer. two admistrations that d that. everyone wants a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one bause it was a cast catastrophe. >> and if it's beyond your control and-- >> the case is we ved for you, we get bailout. >> and on the other side, detroit is in a mui-decade collapse that is beyond the scope, it's almt like a hurricane. and i'm not saying it's totally iane for nem to get a disproportionate amount-- >> gary b, you live in maryland, should you and maryland be paying for what detroit or michigan is deciding to do with unions and pensions and how they got themselves in this mess in t first ace? >> exactly, brenda. i kind of agree with jonas. i'm not sure i'd be so quick bail out cities with national catastrophes. they decided to live there and build there. but jonas it right, a lot of tiesike detroit ar
. >> brenda: well, jonas, didn't michigan, didn't detroit already get a bailout. >> yes, it was called the auto bailout. and before the election, unformer. two admistrations that d that. everyone wants a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one bause it was a cast catastrophe. >> and if it's beyond your control and-- >> the case is we ved...
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also labor issues not only making headlines in michigan, but broadway theaters may go dark thanks to a looming strike. we will have the details on that coming up next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike mt copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. tracy: breaking news that secretary john boehner is returning
also labor issues not only making headlines in michigan, but broadway theaters may go dark thanks to a looming strike. we will have the details on that coming up next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike mt copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all...
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from union protesters turned thugs over michigan's new pro worker law, but guess which part of the story the liberal mainstream television media left out? and hsbc admits to being the bank of record for drug cartels, african dictators and middle eastern terrorists, tonight you meet the former employee who tried to stop hsbc's illegal contract. for an exclusive interview. lou: hsbc facing more legal problems, a whistle-blower who worked as a former vice president, and senior business manager is suing the largest bank. second largest in world for $10 million, john cruz, said he was wrongfully terminated after he reported on suspected fraudulent accounts used for money laundering in 2009. yesterday, hsbc agreed to pay $1.9 billion fine for transferring billions of dollars for nations including iran, and enabling mexican drug cartels to move their money illegally, to put the fine in perspective, hsbc made 16.8 billion in profits last yyar, joining us now ision cruz, thank you. for joining us. i want to turn to the fine, and we find out from lanny breuer. the assistance attorney general, that
from union protesters turned thugs over michigan's new pro worker law, but guess which part of the story the liberal mainstream television media left out? and hsbc admits to being the bank of record for drug cartels, african dictators and middle eastern terrorists, tonight you meet the former employee who tried to stop hsbc's illegal contract. for an exclusive interview. lou: hsbc facing more legal problems, a whistle-blower who worked as a former vice president, and senior business manager is...
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. >> reporter: -- gerri: the michigan state house voted along party lines turning michigan into a right to work state. democrats tried to stall with questions and amendments, and as the senate debated legislation, 2500 union supporters tried to rush the chamber. some of the folks were bussed in. michigan state police used spray on them after people refused orders to stop. it's getting violence out there. eight people arrested. the governor said he'd sign the bill. we'll continue to follow the story. still to come, obamacare is bad for business, but it turns out, so is speaking out. i'll explain. the fiscal cliff aiming at the housing market. will the recovery disappear if we fall off the cliff? we'll get advice. stay tuned. ♪ now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. ich is w we are prou to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses,
. >> reporter: -- gerri: the michigan state house voted along party lines turning michigan into a right to work state. democrats tried to stall with questions and amendments, and as the senate debated legislation, 2500 union supporters tried to rush the chamber. some of the folks were bussed in. michigan state police used spray on them after people refused orders to stop. it's getting violence out there. eight people arrested. the governor said he'd sign the bill. we'll continue to follow...